Zumper
modified
15 Hours Ago

Highlights

  • Laundry hookup
  • Thoughtfully remodeled
  • Large and private covered front porch
  • Exquisite tile flooring throughout

Location

Indianapolis, IN 46201, USA|Near Eastside
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Contact

Management

Intrigue Property Management

Leasing office

(317) 494-2279

Property Overview

406 - 408 N Parker Ave receives a strong overall Zumper expert rating of 8.4 and excels in location with a score of 9, ensuring excellent access to amenities and points of interest. The property is thoughtfully remodeled and offers features like laundry hookups and a spacious covered porch, contributing to its impressive amenities rating of 8. Additionally, it is competitively priced, reflected in a perfect price rating of 10, positioning it favorably in terms of value for money in the area.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, 406 - 408 N Parker Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 406 - 408 N Parker Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • More space

Floor plans

2BR/1.0BA2 bed1 bath1,008 sqft$950 /mo1 unit availableWelcome Home! This thoughtfully remodeled 2 BED, 1 BATH unit has exquisite tile flooring throughout. A very well flowing layout. Fresh paint throughout. Laundry hookup on the main floor. Private parking in the back. Large and private covered front porch. CALL/TEXT 317-363-9926 to schedule a showing today!

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units2
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About 406 - 408 N Parker Ave

HomeApartments in IndianapolisNear Eastside 406 - 408 N Parker Ave

Welcome Home! This thoughtfully remodeled 2 BED, 1 BATH unit has exquisite tile flooring throughout. A very well flowing layout. Fresh paint throughout. Laundry hookup on the main floor. Private parking in the back. Large and private covered front porch. CALL/TEXT 317-363-9926 to schedule a showing today!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, 406 - 408 N Parker Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 406 - 408 N Parker Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 406 - 408 N Parker Ave
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
406 - 408 N Parker Ave offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 406 - 408 N Parker Ave is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
406 - 408 N Parker Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 406 - 408 N Parker Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 406 - 408 N Parker Ave compares to other nearby properties.

Positives

High school nearby
There is a high school 0.5 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 84 sqft larger than other listings nearby

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Rent trends in Near Eastside

2-bedroom apartments at 406 - 408 N Parker Ave cost about 19% less than the average rent price for 2-bedroom apartments in Near Eastside.

Median rents as of Feb 28 2026.
Near Eastside
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
March 2024$1,045
April 2024$1,074
May 2024$1,117
June 2024$1,171
July 2024$1,091
August 2024$1,047
September 2024$1,090
October 2024$1,131
November 2024$1,126
December 2024$1,105
January 2025$1,194
February 2025$1,191
March 2025$1,151
April 2025$1,121
May 2025$1,139
June 2025$1,158
July 2025$1,185
August 2025$1,178
September 2025$1,065
October 2025$1,063
November 2025$1,048
December 2025$1,029
January 2026$1,039
February 2026$1,034
A table of studio rental data trends in Near Eastside
MonthMedian Rent
March 2024$831
April 2024$804
May 2024$716
June 2024$688
July 2024$647
August 2024$789
September 2024$992
October 2024$957
November 2024$984
December 2024$774
January 2025$742
February 2025$630
March 2025$1,199
April 2025$1,049
May 2025$1,199
June 2025$1,149
July 2025$1,199
August 2025$1,008
September 2025$690
October 2025$696
November 2025$953
December 2025$908
January 2026$945
February 2026$924

Affordability calculator

Can I afford to live at Indianapolis?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$38,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.

Schools near 406 - 408 N Parker Ave

Brookside School No. 54

3150 e 10th st

indianapolis, IN, 46201

PK, K-6Public
C-

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Family Development Services - Windsor Village East

5950 e 23rd st

indianapolis, IN, 46218

PKPublic

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Francis Bellamy Pre-School Center

9501 e 36th st

indianapolis, IN, 46236

PKPublic
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Internet available near 406 - 408 N Parker Ave

Getting around IN 46201 near Indianapolis

Walking

6/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for Indianapolis, IN 46201

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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